Didi and the Regulatory Crackdown

This chapter examines the Chinese government's actions against Didi following its IPO, highlighting the investigation and app removal that has impacted the company significantly. It reveals a pattern of regulatory scrutiny facing Chinese tech firms that go public abroad, suggesting that such actions may reflect deeper governmental concerns beyond data violations. The discussion emphasizes the broader implications for China's tech landscape, including challenges in compliance, investment risks, and the viability of tech companies in a stringent regulatory climate.